Debt Deflation Warnings, Chiparium Buzz Sees SHIB Rise, Ex-US FTX Chief Speaks SBF, and More – A Week in Review – Bitcoin Weekly News

Jeff Booth, author of The Price of Tomorrow, warned of a “major recession on steroids” if the US Federal Reserve continued to raise interest rates, while hype over an expected Layer 2 (L2) measure known as the Shibarium served as the dynamic backdrop to the moves. Prices in Shiba Inu. In other news, former US … Read more

Why Some Black Investors Are Still “Playing” Cryptocurrency Despite Winter, FTX

Illustration: Megan Robinson / Axios The cryptocurrency bear market hasn’t spooked some black investors, who originally embraced the sector as a way to build wealth. why does it matter: Overnight, battered bitcoin rose again above $20,000 after staying near $16,000 for weeks. But the cryptocurrency winter wiped out billions from the cryptocurrency market value. Meanwhile, … Read more